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22 Madras Parkway

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Address: 22 Madras Pkwy, Newnan, GA 30263, USA

Atlanta & Southeast + Apartment Buildings

Created date: February 5, 2025

Date last updated: April 16, 2025

±8,878 SF property is suited for healthcare of senior housing facility purposes
12 double occupancy units for residents
Immediate occupancy available
Fully functioning staff and medical operational areas
Built in 2009
Septic tank just replaced with sewer connection (>$50,000 cost)
Plans under way to connect Madras Parkway to Highway I-85

Property Description

This ±8,878 SF property is immediately available and located in the area of Newnan, GA. This 12-unit healthcare facility was recently built in 2009 and zoned R-C (Rural Conservation.) Originally built as a hospice, with special use permit, the property is also suited for other senior housing and medical uses such as a clinic or urgent care center requiring zoning approval. This facility includes fully operational medical areas including a medication room, medical waste room and nurses' work room. The 12 patient quarters are suitable for double occupancy; each room contains a living area and a shared bathroom arrangement with shower, commode and sink. Property amenities also include a reception area, conference room, chapel, full kitchen and laundry room. Patient rooms could be converted into exam and treatment rooms in a clinic or urgent care center setting.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$2,190,000
No. of Units:	12
Year Built:	2009
Lot Size:	2.68 Acres
Opportunity Zone:	No
Price per unit:	$182,500
Property Website	Click Here